List Search

2917 S Highland Dr
Salt Lake City, UT 84106 Sugar House

$2,181,818 USD

Convenience Store For Sale  •  1,936 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 1,936 SF
  • Lot Size 0.36 AC
  • Building Class C
  • Year Built 1964
  • Tenancy Single
  • Zoning CB
40 Transit Score
70 Walk Score

Highlights

10% RENT INCREASE WITHIN ONE YEAR - Annual rent increases from $120,000 to $132,000 on August 1, 2027.
The contractual bump adds $12,000 of annual NOI and increases the effective yield to approximately 6.05% at the asking price.
7-Eleven bears responsibility for taxes, insurance, maintenance, roof, structure, parking areas and operating costs. landlord has no responsibility.
NEAR-TERM RENT GROWTH IN A DENSE INFILL CORRIDOR 24-HOUR OPERATION ABSOLUTE NNN CORPORATE GUARANTEE
Publicly reported projects identify more than 1,180 new or recent apartment units along the surrounding Highland Drive corridor.
Location has operated as a convenience store since 1964 and currently has 7.5+ years remaining on the base term.

Property Flyers

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.5 mi
12 min - 7.5 mi
AirportDriveWalkDistance
Salt Lake City International 21 min - 12.4 mi
Provo Municipal 55 min - 43.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Brian Brockman 513-300-0763 Bang Realty, Inc
Brian Brockman 513-300-0763 Bang Realty, Inc